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On a Non stakeholder on £1768 for a 6 month period i have recieved £38 annual bonus -good or bad please ?0
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I opened two investment trusts for my 12 year old when she was one. I have been paying £30 to each since then. The funds are Edinburgh UK Tracker and Edinburgh US Tracker. As at today, the combined funds were valued at £8600. I've invested approx £8000, so gained only £800 in 11 years.
I have been thinking of closing the funds, and putting the money elsewhere. I can lock it away for around 5 years, as it's intended to help with university fees.
Questions I have:
Should I close the funds, or leave them?
If close, where should I re-invest?
Anyone venture an opinion?
Gary0 -
So I'm about to transfer my CTF from Britannia to Chorley Building Society; the interest is due to be paid to the current account on the 1st January - it doesn't make a difference if I move account now does it? I'd still get the same level of interest pro-rata?
Thanks0 -
Paphos_Gooner wrote: »So I'm about to transfer my CTF from Britannia to Chorley Building Society; the interest is due to be paid to the current account on the 1st January - it doesn't make a difference if I move account now does it? I'd still get the same level of interest pro-rata?
ThanksPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
I will be opening a CTF once the voucher has arrived for our son. Can I open a Halifax Children's Regular Saver in addition to this?0
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I will be opening a CTF once the voucher has arrived for our son. Can I open a Halifax Children's Regular Saver in addition to this?
You should be aware of the tax implications for interest earned over £100 pa where the money was from a parent/guardian. Interest of more than £100pa is earned in a single tax year tax will be deducted at your highest tax rate.Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Thanks cloud_dog0
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Has anyone any experience of Self Invest CTF's? Can't seem to find many on the market.... All experiences would be appreciated.0
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Has anyone any experience of Self Invest CTF's? Can't seem to find many on the market.... All experiences would be appreciated.
The Selftrade one is as near to a normal dealing account for a child (CTF) as you will find, pretty much everything available that you could put in to an adults ISA (which is what we've got).
The F&C allows stocks and a choice of 12 funds. Not sure about dealing charges, although they allow 2 free switches per year.Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Hi hope someone can answer my query if a child already has a Child Trust Fund and is receiving £100 maximum a month can they also have a Child Bond account with £25 a month being invested into that also? thanks in advance MNM£14, 500 to go0
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